The authority, which published the results on 20 March, stated that rates reiterated the sharp end-of-year drop already witnessed in 2016, although low trading volumes on the last trading day of the year might have reinforced the movement
SAMA increased its repo rate from 200 basis points to 225 basis points, and the reverse repo rate from 150 basis points to 175 basis points, with immediate effect
The EC has published a consultation on the finalisation of Basel III reforms explaining that responses to the paper will provide important guidance to the commission when preparing a formal commission proposal
The European Central Bank has taken the next step towards its introduction of a new euro area unsecured overnight interest rate after publishing its second consultation document on the subject
Wichita, Kansas Retirement Systems has selected BNY Mellon to provide securities lending services as well as global custody, accounting and reporting, compliance monitoring, benefit disbursements and cash sweep
The Joint Committee of the European Supervisory Authorities has published its final report on Big Data analysing its impact on consumers and financial firms
The Financial Conduct Authority (FCA) has published a discussion paper on transforming culture in financial services, which presents views from academics and industry thought leaders